ADDITIONAL CONVERSATIONS RELATING TO ISO/POWEREX/LADWP .

San Diego Gas & Electric Co.Docket No. EL00-95-045 et al.Exhibit No. ISO-48Page 1 of 32ADDITIONAL CONVERSATIONS RELATING TOISO/POWEREX/LADWP TRANSACTIONSNOT INCLUDED IN EXHIBIT DWP-27December 7, 2000123CONVERSATION BETWEEN ISO AND LADWP:4Time stamp is 07:24:54.5SOLIS:L.A., Solis.6BOB:Yeah, hi, this is Bob at the ISO.7SOLIS:Yeah, Bob.8BOB:Okay, we want to try to pick up a thousand with BC Hydro.9SOLIS:A thousand with BC Hydro?10BOB:Yeah. Yeah.11SOLIS:Okay. Do you --12BOB:Hang on.13SOLIS:Hey.14BOB:Yeah.15SOLIS:You know, you know you're always going to be able to pick16up a couple hundred from me. I don't know, you know -- I don't know if you're17picking up a thousand just from them, but --18BOB:I'm talking -- I'm sorry, what's that?19SOLIS:I said whatever you're picking up from them, right, you still20have me here on the side, don't forget.

San Diego Gas & Electric Co.Docket No. EL00-95-045 et al.12BOB:I know, but I've got to pick it up -- I've got to pick it upfrom Malin.3SOLIS:Yeah. You do whatever you need to do.4BOB:Yeah. Yeah.5SOLIS:I'm still here, Bob.6BOB:Yeah.7SOLIS:Okay.89Exhibit No. ISO-48Page 2 of 32End time is 07:28:39.

San Diego Gas & Electric Co.Docket No. EL00-95-045 et al.Exhibit No. ISO-48Page 3 of 32December 10, 2000123CONVERSATION BETWEEN ISO AND LADWP:4Time stamp is 22:20:14.5CHAMPION:L.A., Champion.6PHIL:Yeah, this is Phil, ISO.7CHAMPION:Yes.8PHIL:Hey, I was wondering if we could get any of that stuff from910the north, from BC Hydro.CHAMPION:It looks like next hour we're going to have to be out. We've11got to get clarification on, from our management, how many times, how much we12can do with that.13PHIL:Uh-huh.14CHAMPION:Because it's already at a million dollars for us.15PHIL:Uh-huh.16CHAMPION:So I've got to -- that's all I can do for one day, and we'll have17to start again tomorrow.18PHIL:Oh, okay.19CHAMPION:I've got to -- yeah, I've got to find out more from my20management how much they want us to do.21PHIL:Okay.22CHAMPION:All right?23PHIL:All right.

San Diego Gas & Electric Co.Docket No. EL00-95-045 et al.123CHAMPION:Thanks. Bye.End time is 22:21:07.Exhibit No. ISO-48Page 4 of 32

San Diego Gas & Electric Co.Docket No. EL00-95-045 et al.1CONVERSATION BETWEEN ISO AND POWEREX:2Time stamp is 23:07:50.Exhibit No. ISO-48Page 5 of 323MARTY:ISO, Marty.4RALPH:Hey, Marty, this is Ralph from Powerex.5MARTY:Hey, Ralph.6RALPH:Are you guys okay for hour 1?7MARTY:I don't know.8RALPH:We've been selling through -- we sold a bunch of energy9to L.A. --10MARTY:Yeah.11RALPH:-- and to Sempra.12MARTY:Yeah.13RALPH:I'm sure you're aware of that.14MARTY:Yeah.15RALPH:And I think some of that energy may have made its way to16you. I know -- I just talked to some of those guys. L.A. said they're willing to do17something similar to last hour but they need to hear from you. I'm not sure if you18need it.19MARTY:Yeah. I'm not sure if we do either.20RALPH:Okay. If you do need it, phone L.A.21MARTY:Okay.22RALPH:Okay?23MARTY:Thanks a lot.

San Diego Gas & Electric Co.Docket No. EL00-95-045 et al.1RALPH:Thanks so much, Marty.2MARTY:Bye.3RALPH:Bye.45End time is 23:08:29.Exhibit No. ISO-48Page 6 of 32

San Diego Gas & Electric Co.Docket No. EL00-95-045 et al.1CONVERSATION BETWEEN ISO AND LADWP:2Time stamp is 23:09:50.Exhibit No. ISO-48Page 7 of 323RIVERA:L.A., Rivera.4PHIL:Hey, Rivera, this is Phil, ISO.5RIVERA:Yeah.6PHIL:I was talking to Champion a little while ago.7RIVERA:Uh-huh.8PHIL:And we were doing some stuff out of market. We were9getting it up at Malin, up in the north.10RIVERA:Right.11PHIL:Do you guys have that available for next hour?12RIVERA:Is this where you guys would buy from BCH --13PHIL:Yeah.14RIVERA:-- and we'd sell it back to you?15PHIL:Yeah.16RIVERA:So we'd be doing a transaction right there at Malin; right?17PHIL:Right.18RIVERA:Yeah, I could do that. How many megawatts did you want to19do that for?20PHIL:A couple hundred.21RIVERA:200?22PHIL:Yeah.

San Diego Gas & Electric Co.Docket No. EL00-95-045 et al.12RIVERA:Exhibit No. ISO-48Page 8 of 32Okay. Now, last set of instructions I read was, besides meletting my boss know, we're going to be charging one and a half percent on this.3PHIL:Uh-huh.4RIVERA:Okay. So what are you buying from BC Hydro for?5PHIL:Well, we're not -- actually, you're giving us the price.6RIVERA:Oh, I see --7PHIL:Because I don't know what they're, what they're offering. So8it's essentially an out-of-market thing. You guys get the price, add your mark-up9to it, and then tell us what the price is there.10RIVERA:Dang, you're just blindly going to do this, huh?11PHIL:Well, you know, the thing is, they've got this new FERC12order. And everything that we buy above 250 is subject to be reviewed by13FERC.14RIVERA:Oh, okay.15PHIL:And, you know, so the thing is, like if we're buying it from you16guys, then all you'd have to be justifying is whatever your mark-up is.17RIVERA:I see.18PHIL:If there was any problem, they'd be looking at what BC19Hydro was charging and what mid-Columbia prices was or things like that.20RIVERA:Oh, okay. I see. So, okay.21PHIL:So I'm essentially not negotiating anymore. I'm saying,22"What is your price?" And then if we need the energy, we'll probably say yes and23they'll worry about it later.

San Diego Gas & Electric Co.Docket No. EL00-95-045 et al.Exhibit No. ISO-48Page 9 of 321RIVERA:Okay. And your name again?2PHIL:This is Phil.3RIVERA:Phil.4PHIL:O'Donnell.5RIVERA:Okay. Let me call Powerex and I'll call you back.6PHIL:All right.7RIVERA:200 megawatts, huh?8PHIL:Yeah.9RIVERA:Okay.10PHIL:All right. Thanks.11RIVERA:Bye.1213End time is 23:11:51.

San Diego Gas & Electric Co.Docket No. EL00-95-045 et al.1CONVERSATION BETWEEN ISO AND LADWP:2Time stamp is 23:14:02.Exhibit No. ISO-48Page 10 of 323PHIL:ISO, Phil.4RIVERA:It's Bob in L.A.5PHIL:Hi, Bob.6RIVERA:Okay. I talked to the Powerex people.7PHIL:Uh-huh.8RIVERA:200 megawatts. They're going to sell it to me for 900 mils;9I'm going to sell it to you for 915.10PHIL:Okay.11RIVERA:And that's for hour ending 1, and we can do this hour by12hour.13PHIL:Okay. So 915, 200 megawatts.14RIVERA:Right.15PHIL:At Malin.16RIVERA:Great.17PHIL:Okay. Thank you.18RIVERA:Bye-bye.19PHIL:Bye.2021End time is 23:14:30.

San Diego Gas & Electric Co.Docket No. EL00-95-045 et al.1CONVERSATION BETWEEN ISO AND LADWP:2Time stamp is 23:24:00.Exhibit No. ISO-48Page 11 of 323RIVERA:L.A., Rivera.4PHIL:Hey, Bob, this is Phil, ISO.5RIVERA:Yeah.6PHIL:Hey, I wanted to ask you, this thing that we're doing up there7at Malin, with BC Hydro.8RIVERA:Yeah.9PHIL:What kind of limits do you have on doing that for us today?10Champion was saying something like -- he didn't do it for hour 24. He said11something about that it was over a million bucks and that was all they wanted12to do for the day.1314RIVERA:It's a long, drawn-out formula. I think you can let us uselike a million dollars’ worth of transaction.15PHIL:Uh-huh.16RIVERA:But we're starting a new day.17PHIL:Right. And the reason Larry, the manager here, he's18wondering, is that if there's a limit on it, if -- he wants to get an idea so that19we might conserve it for the peak. We might need it.20RIVERA:Oh.21PHIL:And that's why he wanted to find out. Because we didn't22really know about it until the last hour Champion said, "Well, we're up to our limit23for doing

San Diego Gas & Electric Co.Docket No. EL00-95-045 et al.123Exhibit No. ISO-48Page 12 of 32this and we're not supposed to do it anymore until tomorrow."RIVERA:Yeah, I read something to that effect. I couldn't sit down andgive you a formula though --4PHIL:Uh-huh.5RIVERA:-- because I don't know -- for example, that 900 we buy from6BC Hydro, do I put them as one deal and you guys as the other?7PHIL:Uh-huh.8RIVERA:Or do I just make like one set of 900 times 200.9PHIL:Uh-huh.RIVERA:Which is what I'd be inclined to do right now. So that would1011be, what, 180 thousand dollars’ worth of deal right now. So we're like 20 percent12there.13PHIL:Yeah.14RIVERA:So that would be my guess. You know, I'm buying 90015megawatts at 200. That's 180 thousand --16PHIL:No, 200 megawatts at 900.17RIVERA:Yeah, okay, 200 megawatts -- 200 times 900.18PHIL:Yeah.19RIVERA:That's 180 thousand dollars.20PHIL:Uh-huh.21RIVERA:So we're like almost 20 percent to the limit, but, you know,22then again, you could call on the day shift when the bosses are here and, you23know,

San Diego Gas & Electric Co.Docket No. EL00-95-045 et al.123Exhibit No. ISO-48Page 13 of 32get a different pitch.PHIL:Yeah. See, and that's -- we might want to do that for thefuture hours instead of --4RIVERA:I've got it in there for just one hour --5PHIL:Yeah, right.6RIVERA:We're doing it an hour at a time.7PHIL:Yeah, right. Uh-huh. Okay.8RIVERA:So whatever you guys want to do is fine with me.9PHIL:Yeah. But as far as you know, it's like it's somewhere in the1011million-dollar range that you guys don't want to go -RIVERA:Yeah, right. One thing I don't want to do though and get12caught with my pants down is do like ten-hour schedules and jack BC Hydro13around and get them all pissed off at me. That's one thing I don't want to do, get14them angry at me15and it's me that's holding the bag.1617PHIL:Oh, yeah. Yeah. No, I don't think -- we're going to try not todo that. Of course, we're one of BC Hydro's best customers.18RIVERA:Well, that's between you guys.19PHIL:Yeah.20RIVERA:You know? They're kind of far away for us.21PHIL:Yeah.22RIVERA:The only time I really talk to them is when I see them at a23WSCC meeting or something.

San Diego Gas & Electric Co.Docket No. EL00-95-045 et al.Exhibit No. ISO-48Page 14 of 321PHIL:Yeah. Okay. Okay. I'll let Larry know. All right.2RIVERA:Thanks.3PHIL:Thanks.45End time is 23:26:56.

San Diego Gas & Electric Co.Docket No. EL00-95-045 et al.Exhibit No. ISO-48Page 15 of 32December 11, 2000123CONVERSATION BETWEEN ISO AND POWEREX:4Time stamp is 16:24:07.5ALAN:ISO, Alan.6RALPH:Hello, this is Ralph from Powerex.7ALAN:Uh-huh.8RALPH:Are you looking for energy at all?9ALAN:For hour ending 18?10RALPH:18.11ALAN:Hang on a minute.12RALPH:Sure.13ALAN:You want to sell directly to us?14RALPH:No. It would probably be through -- I'd be willing -- I'd15actually phone L.A. if I were you.16ALAN:Yeah?17RALPH:If you're interested in energy.18ALAN:How much do you have?19RALPH:Like around 300, I would imagine.20ALAN:We'll get back to you.21RALPH:L.A. would have all 300.22ALAN:Okay.23RALPH:Okay? Thanks very much.

San Diego Gas & Electric Co.Docket No. EL00-95-045 et al.1ALAN:Bye.2RALPH:Bye.34End time is 16:24:46.Exhibit No. ISO-48Page 16 of 32

San Diego Gas & Electric Co.Docket No. EL00-95-045 et al.Exhibit No. ISO-48Page 17 of 321CONVERSATION BETWEEN ISO AND LADWP:2Time stamp is 16:25:28.3CHAMPION:L.A., Champion.4BOB:Hey, hi, this is Bob, ISO.5CHAMPION:Yeah, Bob.6BOB:How are you doing?7CHAMPION:Oh, pretty good.8BOB:Hey, can we -- can we work something out with them boys9up there at Powerex?10CHAMPION:Sure, we can do that. Up there at Malin?11BOB:Yeah.12CHAMPION:Yeah, we could do that. Let's see --13BOB:They've got 300 here.14CHAMPION:300, okay, we can do that. He said -- let's see, what is he15saying, 900, we charge you 915 because we're only charging 15 bucks.16BOB:Another 15?17CHAMPION:Yeah. So we'll send you 300 megawatts at COB at 915 for18hour e nding 18.19BOB:300 at COB?20CHAMPION:Yeah.21BOB:That's --22CHAMPION:Malin; right?23BOB:-- Malin?

San Diego Gas & Electric Co.Docket No. EL00-95-045 et al.Exhibit No. ISO-48Page 18 of .5CHAMPION:Yeah, 915.6BOB:Do I need to conference them together or --7CHAMPION:No. I'll talk to Ralph at Powerex.8BOB:Okay.9CHAMPION:And make sure we get it in there.10BOB:Okay.11CHAMPION:Okay. Thanks.12BOB:Thanks.13CHAMPION:Bye.14BOB:Thank you. Bye.1516End time is 16:26:42.